support babalú

Your donations help fund
our continued operation

do you babalú?

what they’re saying






recommended reading

babalú features

recent comments

  • antonio2009: Kudos to Carlos, the academic spokesman of the Peter Pan Generation.

  • asombra: Note to the Løvschall family: They killed Joachim because that’s what totalitarian regimes do whenever it suits them, and...

  • asombra: So many years without justice for so many people…and the band plays on.

  • antonio2009: Here is the news coverage of when Elian was seized at gunpoint by 151 federal agents, including a dozen members of the...

  • asombra: It may be that practically anyone subjected to the intense, sustained, professional indoctrination Elian has been under since...

search babalu

babalú archives

frequent topics

elsewhere on the net


After hearing truth about Cuba, Puerto Rican manufacturers not interested in doing business with Castro dictatorship

At a forum to discuss the possibility of business with the Castro dictatorship in Cuba held in Puerto Rico last week and hosted by the Puerto Rican Manufactures Association, attendees were presented with two opposing views: The truth about Cuba and the propaganda about Cuba. Despite the no doubt slick presentations offered by the "Cuba Experts" on the panel, it appears their pro-Castro propaganda was soundly defeated by the truth.

Via El Nuevo Dia (my translation):

Caution with Cuba

For now, manufacturers do not find commerce with the neighboring island attractive

The lack of infrastructure represents an attractive business potential for the Puerto Rican construction industry.

The manufacturing sector in Puerto Rico is not convinced Cuba presents a bastion of opportunities and understand that for this market to be truly attractive, it has to come with not only an economic opening in the country, but a change of government as well.

At least that was the opinion of some of the local businessmen interviewed by El Nuevo Dia who attended the forum yesterday organized by the Puerto Rico Manufacturers Association (PRMA), "Cuba: Today and the opportunities tomorrow."

"What was talked about here today confirms that what we have heard until now is not a myth but a reality. We know that there is a potential market [in Cuba] but there is no way to enter it under the regime's current conditions, even with the economic reforms," said Santiago Domenech, president of the Association of Contractors.

Mauricio Claver, executive director of Cuba Democracy Advocates and editor of the Capitol Hill Cubans newsletter, one of the speakers at the event that participated on the panel "Reforms and change in Cuba's political economy 2013," said that foreign investment in Cuba over the years has seen a reduction.

According to figures provided by the Cuban dissident, from the total of 400 foreign investors that were in Cuba in the year 2000, there remains now only 190. "Therefore, where is the opportunity?" he asked.

Continue reading (in Spanish) HERE.

Comments are closed.